2-bed · 1,228 sqftCanal Bay, Business Bay · 4th floor

403, Canal Bay

Sold prices and rental history: sold once, by the developer in July 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 11 July 2025
Last soldAED 2.62M11 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Canal Bay

What is 403 worth today?

Last sold for AED 2,620,000 in 2025

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11 Jul 2025Sold by developerReady
AED 2,620,000AED 2,133 per sqft

Source: Dubai Land Department. Updated 11 July 2025.

Key facts

Type
2-bed apartment
Size
1,228 sqft
Floor
4th of 18
Parking
P3-403
Last sold
AED 2.62M · July 2025
Building
Canal Bay

About 403, Canal Bay

403 is a two-bedroom apartment of 1,228 sqft on the 4th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 11 July 2025 for AED 2,620,000, or AED 2,133 per sqft, 6% above the AED 2,017 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Canal Bay
2.4M2.6M2024202520262027Typical sale price by year: 2024 AED 2,570,000; 2025 AED 2,420,000; 2026 AED 2,310,000Sold by developer, July 2025: AED 2,620,000 (AED 2,133 per sqft)

403 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 403, each contractTypical two-bed in Canal Bay
130K140K202520262027Typical rent by year: 2025 AED 145,909; 2026 AED 127,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Canal Bay, and where 403 sits

All 102 2-beds →

403 last sold in July 2025 at AED 2,133 per sqft, 6% above what two-beds in Canal Bay were fetching at the time (AED 2,017). Over the last 12 months two-beds sold for AED 1,977,000 to 2,850,000, around AED 2,064 per sqft, and rent for AED 75,000 to 190,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Sep 20262,600,000
17 Sep 20262,450,000
29 Jul 20262,700,000
19 Jun 20261,977,000
41 2-bed sales in the last 12 months

Canal Bay

Building

118 apartments, 2-bed to 3-bed over 18 floors in Business Bay. 43 sold in the last 12 months.

Typical price per sqft
AED 2,064 Down 1.0%
Typical sale
AED 2.33M
Typical rent
AED 130K /yr
Typical yield
5.3%
Canal Bay, Business Bay: prices, sales and rents →

Other units on the 4th floor

All 118 units in Canal Bay
Value
4012-bedAED 2.55M · Jun 2025
4023-bedAED 3.07M · Apr 2025
4042-bedAED 2.4M · Aug 2025
4052-bedAED 2.3M · Jul 2025
4062-bedAED 2.23M · Oct 2025
4072-bedAED 2.25M · Mar 2026

403, Canal Bay in numbers

  • Sold once: by the developer on 11 July 2025 for AED 2,620,000, or AED 2,133 per sqft.
  • Two-beds in Canal Bay sold for AED 1,977,000–2,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,064 per sqft.

Source: Dubai Land Department. Updated 11 July 2025.

Questions about 403, Canal Bay

What did unit 403 last sell for?

AED 2,620,000 on 11 July 2025, sold by the developer: AED 2,133 per sqft for 1,228 sqft. It is the only registered sale of the unit.

How big is unit 403?

1,228 sqft (114.1 sqm): a two-bedroom apartment on the 4th floor of a 18-storey tower.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Canal Bay sold for AED 1,977,000 to 2,850,000 in the last 12 months, around AED 2,064 per sqft.

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Mortgage on 403, Canal Bay

Starts from the last sale price (AED 2.62M, 11 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,620,000
Deposit, UAE resident (20%)
AED 524,000
Deposit, non-resident (40%)
AED 1,048,000
Monthly over 25 years at 3.7%
AED 10,719

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →